Weekly Crop Market Review - December 12, 2008
The next weekly will be published on Friday, December 19, 2008
This information is collected by the Statistics and Data Development Unit
WINNIPEG FUTURES (CDN $/TONNE) as of Dec 12/2008
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
BARLEY -SASK MAR09 147.90 140.00 147.50 +7.50
-SASK MAY09 154.90 152.50 154.90 +10.00
-SASK JUL09 N/A N/A 159.40 +10.00
CANOLA -SASK JAN09 395.90 353.40 386.70 +32.60
-SASK MAR09 403.00 359.90 393.20 +33.20
-SASK MAY09 409.30 367.90 402.10 +33.50
U.S. FUTURES (U.S. $/BUSHEL) as of Dec 12/2008
CONTRACT --------------------WEEKLY----------------
MONTH HIGH LOW CLOSE CHANGE
WHEAT -CBT MAR09 5.31 4.85 5.13 +0.37 1/2
-CBT MAY09 5.41 5.02 5.26 +0.37 1/2
WHEAT -MINN MAR09 6.08 5.65 5.90 +0.39
-MINN MAY09 6.05 5.64 3/4 5.86 3/4 +0.34
WHEAT -KANS MAR09 5.55 1/2 5.14 5.38 1/4 +0.35
-KANS MAY09 5.60 1/2 5.27 5.48 1/2 +0.35 1/4
CORN -CBT MAR09 3.79 1/2 3.23 1/2 3.73 1/2 +0.64 1/4
-CBT MAY09 3.88 3.36 3.84 3/4 +0.65 1/2
OATS -CBT MAR09 2.14 2.03 2.13 1/2 +0.14 1/2
-CBT MAY09 2.23 2.17 1/2 2.23 +0.14 1/2
SOYBEAN -CBT JAN09 8.64 1/2 8.11 8.54 +0.70 1/2
-CBT MAR09 8.66 1/2 8.12 8.56 1/4 +0.69
-CBT MAY09 8.76 8.27 8.65 3/4 +0.71
SOYOIL -CBT JAN09 32.05 29.55 30.92 +2.37
(¢/lb) -CBT MAR09 32.40 29.95 31.28 +2.35
SOYMEAL -CBT JAN09 259.50 243.00 257.70 +19.40
($/ton) -CBT MAR09 258.60 243.80 257.00 +19.20
FEEDMILL BIDS on Dec 08/2008 (Different Delivery Points)
THIS WEEK LAST WEEK
WHEAT -LETH 170.00-190.00 170.00-200.00
-REDDEER 170.00-178.00 170.00-178.00
-EDMTN 165.30-183.70 165.00-183.70
OATS -EDMTN N/A N/A
PEAS - EDMTN 176.40-215.00 176.40-191.10
BARLEY-LETH 160.00-178.00 170.00-180.00
-MH/BRKS 154.00-179.10 160.00-179.10
-CALGARY 154.00-165.30 165.00-179.10
-REDDEER 148.00-165.00 160.00-180.00
-VERM 137.80-142.40 137.80-151.60
-EDMTN 130.00-165.00 135.50-180.00
-PEACE R 128.60-137.80 128.60-137.80
CANOLA CRUSHER on Dec 10/2008
-Meal (FOB) 226.42 224.67
-Seed (DEL) 374.67 374.16
ELEVATOR BIDS on Dec 12/2008 (Delivered)
THIS WEEK LAST WEEK
FEED WHEAT -Red Deer 154.28 154.78
FEED OATS -Red Deer 87.55 N/A
FEED BARLEY-Red Deer 139.44 127.38
RYE -Red Deer 147.25 149.35
FLAXSEED -Brooks 338.17 372.81
CANOLA -Red Deer 366.41 327.76
SPECIAL CROP CASH BIDS on Dec 11/2008
Year Ago
Basis delivered plant $/Tonne $/Bushel $/Bushel
PEA GREEN #2 OR BETTER 267.31 7.27 9.46
FEED 139.44 3.79 4.91
LARGE YELLOW #2 OR BETTER 204.66 5.57 8.70
$/Lb $/Lb
LENTILS #1 LAIRD 531.86 0.24 0.25
#1 ESTON 504.31 0.23 0.21
MUSTARD #1 YELLOW 989.32 0.45 0.47
#1 BROWN 680.67 0.31 0.35
#1 ORIENTAL 857.04 0.39 0.24
WORLD AND US CASH MARKETS (CAN $/TONNE) as of Dec 11/2008
THIS LAST AVG TO LAST YR PCT
WEEK WEEK DATE AV PRICE CHG
WHEAT -CWB #1CWRS ST LAW 406.90 402.40 396.47 466.99 -15.1%
-CWB #1CWRS VANC* N/A 387.01 405.66 485.04 -16.4%
-#1DNS GREAT FALLS 295.33 286.12 303.78 374.44 -18.9%
-#1DNS PORTLAND 339.53 329.56 345.71 402.31 -14.1%
CORN -#2 CHICAGO 152.02 147.43 186.13 183.26 +1.6%
BARLEY-#2 PORTLAND N/A N/A N/A N/A N/A
-#2FD GREAT FALLS 104.71 129.62 164.84 207.48 -20.6%
-#2 STOCKTON 277.42 287.41 303.48 299.99 +1.2%
SOYBNS-#1 ILLINOIS 390.52 379.69 435.84 440.20 -1.0%
EXCH RATE Dec 11/2008: US$ in CANADA$ 1.2337 CANADA$ IN US$ 0.8106
* #1CWRS VANCOUVER 13.5% PROTEIN
CANADIAN EXPORTS AND CANOLA CRUSH ('000 TONNES) as of Dec 07/2008
WEEK* CROP YR LAST YR PCT YR END
COMMODITY #19 TO DATE TO DATE CHG FORECAST
WHEAT(EXC DUR) 255.6 4,407.0 4,783.3 -7.9% +12.2%
DURUM 6.9 1,019.0 1,148.3 -11.3% +18.3%
BARLEY 19.2 411.0 991.3 -58.5% -59.2%
OATS 15.9 750.9 782.1 -4.0% -7.0%
PEAS 45.2 660.4 953.2 -30.7% +9.0%
FLAXSEED 31.5 272.1 292.0 -6.8% +0.2%
CANOLA-EXPORTS 131.0 2,628.7 1,826.8 +43.9% +6.0%
CANOLA-CRUSH 87.1 1,485.7 1,397.3 +6.3% +8.6%
U.S. EXPORTS ('000 TONNES) as of Dec 04/2008
WHEAT 342.3 17,031.2 19,976.0 -14.7% -20.9%
BARLEY N/A 214.6 510.4 -58.0% -51.2%
CORN 542.1 10,779.9 17,324.3 -37.8% -26.1%
SOYBEANS 1105.8 10,744.3 9,459.1 +13.6% -9.6%
NOPA SOYBEAN Month Ending: Sep 30/2008
SOYBEAN CRUSH 3276.1 3,276.1 3,805.5 -13.9% -4.8%
* From Canadian Grain Commission Calendar
